Fraud & The Modern World 2016

Key Topics

• Opening Questions and Answer Session (Q & A)
• Introduction
• What is Fraud? Definition
• Overview of course (Fraud Statistics & Fraud Costs)
• Internal Controls (How to establish IC`s) 17 principles
• How to identify fraud schemes and fraud indicators
• How to develop steps for internal controls
• Processes of formulation and implementation
• How to benefit from these tools
• How to develop tools for internal controls
• The Government Contracting Process
• Indicators of Procurement Fraud
• Government contracting practices and procedures
• Government procurement regulations and procedures
• Governmental Internal Controls
• Understanding small and minority business programs
• Ethical principles/ Code of Ethics/ Standards
• The Importance of Contractor Integrity to the Contracting Process
• Standards of Professional service
• Principles of Professional Practice/ Code of Conduct
• Employee training
• Business Ethics, Ethical Dilemmas
• Learn Best Practices
• Contract Ethics, Supplier Ethics, Employee Ethics (Control Environment)
• Characteristics of successful Internal Control System
• How to evaluate your systems strengths and weaknesses
• Typical Frauds Relating to Contracting
• How to outline a internal control plan, processes, objectives, components and requirement for effective controls
• Actual Contract Cases Reviewed and Discussed In Class
• Contract Fraud Defined (Actual Classroom Examples)
• E-Commerce fraud/ Internet Fraud
• Major Contract Fraud Schemes
• Accounting Fraud, Operational Fraud
• False statements, false claims, product substitutions
• Common Fraud schemes related to contracts
• Fraud Schemes Related to Special Contracts
• Health Care & Health Insurance fraud
• Traditional Fraud Schemes: Employment Fraud
• Action/ Penalties, Criminal, Civil, Administrative and Contractual Action in response to fraud
• Remedies for Contract Fraud

Who should Attend

• Business Owner
• Business Professional
• Procurement Departments
• Managers, Supervisors
• Accounting Personnel
• Accounting Managers
• Controllers
• Compliance Managers
• Marketing Personnel
• Presidents / Vice Presidents
• Business Vendors
• Retail Businesses Owners
• Anyone who wishes to increase or refresh their knowledge of these areas